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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270074 times)
Xester
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March 28, 2017, 12:05:47 PM
 #2401

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

The worst case scenario is when your forgot your password or you forget where you place your bitcoins. Or it could be something else, it maybe your hard drive is destroyed or your paper wallet has gone blurred. But the worst of all is either bitcoins has no longer a value when that time comes or you are already not there to see your bitcoins when you are already dead.
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March 28, 2017, 06:07:10 PM
 #2402

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

The worst case scenario is when your forgot your password or you forget where you place your bitcoins. Or it could be something else, it maybe your hard drive is destroyed or your paper wallet has gone blurred. But the worst of all is either bitcoins has no longer a value when that time comes or you are already not there to see your bitcoins when you are already dead.

I think 20 years is long enough to hold your bitcoin. 1 year is would be enough for me though. Then I will try to evaluate if I should hold my bitcoin a little longer to see if I can profit. Evaluate then see if you need re-investing or need to sell so put in other investment not only bitcoin so you will have a good diverse portfolio in your hand.
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March 28, 2017, 10:54:23 PM
 #2403

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

The worst case scenario is when your forgot your password or you forget where you place your bitcoins. Or it could be something else, it maybe your hard drive is destroyed or your paper wallet has gone blurred. But the worst of all is either bitcoins has no longer a value when that time comes or you are already not there to see your bitcoins when you are already dead.

I think 20 years is long enough to hold your bitcoin. 1 year is would be enough for me though. Then I will try to evaluate if I should hold my bitcoin a little longer to see if I can profit. Evaluate then see if you need re-investing or need to sell so put in other investment not only bitcoin so you will have a good diverse portfolio in your hand.
20 years is right if you are a long term holder, 1 year is only a short term for me. Normally those who hold longer believe that the more they hold the more they are getting the benefit since the value of bitcoin will eventually grow overtime. They have the faith that bitcoin will continue to exist and surpass all the challenges and be the leading online currency in the future and when that happens, it will give them better return for their patience.

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March 28, 2017, 11:01:19 PM
 #2404

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

The worst case scenario is when your forgot your password or you forget where you place your bitcoins. Or it could be something else, it maybe your hard drive is destroyed or your paper wallet has gone blurred. But the worst of all is either bitcoins has no longer a value when that time comes or you are already not there to see your bitcoins when you are already dead.

I think 20 years is long enough to hold your bitcoin. 1 year is would be enough for me though. Then I will try to evaluate if I should hold my bitcoin a little longer to see if I can profit. Evaluate then see if you need re-investing or need to sell so put in other investment not only bitcoin so you will have a good diverse portfolio in your hand.
20 years is right if you are a long term holder, 1 year is only a short term for me. Normally those who hold longer believe that the more they hold the more they are getting the benefit since the value of bitcoin will eventually grow overtime. They have the faith that bitcoin will continue to exist and surpass all the challenges and be the leading online currency in the future and when that happens, it will give them better return for their patience.

To hold for 1 year is a good choice, but sometimes it's not necessary too much, big changes of profit usually happen in few months or even weeks. It's hard to predict when the price starts going up like a rocket, it can happen any time, so it's good to always have some Bitcoins holded, when the time comes, sell it fast and buy again after some time. I'm sure in 1 year you will have more profit than just holding all year long.

 
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March 28, 2017, 11:14:39 PM
 #2405

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

If you are just going to do pure holding, you can earn big. But if you are going to hold and you can see that the price is already good for selling, then sell it and wait again for the time to become low, then buy. By doing this type of activity, your goal of earning big by not selling will become bigger as you are taking the advantage of it.



 

 

 

 

 

 


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March 29, 2017, 01:14:38 AM
 #2406

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

If you are just going to do pure holding, you can earn big. But if you are going to hold and you can see that the price is already good for selling, then sell it and wait again for the time to become low, then buy. By doing this type of activity, your goal of earning big by not selling will become bigger as you are taking the advantage of it.
each user has their price targets respectively. at least they will hold their bitcoin and will not sell them before they reached the target price in order to benefit
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March 29, 2017, 04:53:50 AM
 #2407

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

If you are just going to do pure holding, you can earn big. But if you are going to hold and you can see that the price is already good for selling, then sell it and wait again for the time to become low, then buy. By doing this type of activity, your goal of earning big by not selling will become bigger as you are taking the advantage of it.
each user has their price targets respectively. at least they will hold their bitcoin and will not sell them before they reached the target price in order to benefit

It's true, because if you don't have a target price when to sell, you'll miss a lot of chance of getting bigger profit with the market's buy and sell, pump and dump. When there's a pump just keep on waiting at a certain price and if you think that later or for the next days the price will be going down, just simply sell and buy at low.



 

 

 

 

 

 


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etherparty
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March 29, 2017, 06:39:18 AM
 #2408

Some people have mortgages or other form of debt like credit cards, loans, etc...

It is understandable if they were to sell some of their BTC to cover for these.

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March 29, 2017, 06:47:29 AM
 #2409

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

If you are just going to do pure holding, you can earn big. But if you are going to hold and you can see that the price is already good for selling, then sell it and wait again for the time to become low, then buy. By doing this type of activity, your goal of earning big by not selling will become bigger as you are taking the advantage of it.
each user has their price targets respectively. at least they will hold their bitcoin and will not sell them before they reached the target price in order to benefit

It's true, because if you don't have a target price when to sell, you'll miss a lot of chance of getting bigger profit with the market's buy and sell, pump and dump. When there's a pump just keep on waiting at a certain price and if you think that later or for the next days the price will be going down, just simply sell and buy at low.
Buying and selling randomly is profitable, but when one has a better day job earning he can consider it an long term holding. Because it gives the maximum profit in the future as the price pump and dump are a part of the growing technology.

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March 29, 2017, 01:55:18 PM
 #2410

Some people have mortgages or other form of debt like credit cards, loans, etc...

It is understandable if they were to sell some of their BTC to cover for these.


There's that that you can use your btc for those kinds of purposes but is planning for short term. Though i don't rrally agree that you sbould hold on to your btc for a very long time, this gamble may just pay off in the long run. Though you would need to have guts and patience because there will be times when it would seem that you should've sold your btcs.

 
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March 29, 2017, 02:51:04 PM
 #2411

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

If you are just going to do pure holding, you can earn big. But if you are going to hold and you can see that the price is already good for selling, then sell it and wait again for the time to become low, then buy. By doing this type of activity, your goal of earning big by not selling will become bigger as you are taking the advantage of it.
each user has their price targets respectively. at least they will hold their bitcoin and will not sell them before they reached the target price in order to benefit

It's true, because if you don't have a target price when to sell, you'll miss a lot of chance of getting bigger profit with the market's buy and sell, pump and dump. When there's a pump just keep on waiting at a certain price and if you think that later or for the next days the price will be going down, just simply sell and buy at low.
Buying and selling randomly is profitable, but when one has a better day job earning he can consider it an long term holding. Because it gives the maximum profit in the future as the price pump and dump are a part of the growing technology.


If your earnings is only from bitcoin then you cannot afford to miss short term fluctuations as that is the only way from where you can make profits but if bitcoin is an investment or an secondary source of income then its better to hold them for a long term.


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.CARTESI.📱.LINUX INFRASTRUCTURE FOR DAPPS.
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March 29, 2017, 11:38:08 PM
 #2412

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

If you are just going to do pure holding, you can earn big. But if you are going to hold and you can see that the price is already good for selling, then sell it and wait again for the time to become low, then buy. By doing this type of activity, your goal of earning big by not selling will become bigger as you are taking the advantage of it.
each user has their price targets respectively. at least they will hold their bitcoin and will not sell them before they reached the target price in order to benefit

It's true, because if you don't have a target price when to sell, you'll miss a lot of chance of getting bigger profit with the market's buy and sell, pump and dump. When there's a pump just keep on waiting at a certain price and if you think that later or for the next days the price will be going down, just simply sell and buy at low.
Buying and selling randomly is profitable, but when one has a better day job earning he can consider it an long term holding. Because it gives the maximum profit in the future as the price pump and dump are a part of the growing technology.


If your earnings is only from bitcoin then you cannot afford to miss short term fluctuations as that is the only way from where you can make profits but if bitcoin is an investment or an secondary source of income then its better to hold them for a long term.

That is why don't always depend on bitcoin as the market is fluctuating and you can't have an assurance with the price to be stable, though it's profitable for us. Just like what others are saying, if you don't need money then just don't sell your bitcoins and just keep on holding so that when that day comes(high price), you'll be satisfied.



 

 

 

 

 

 


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March 30, 2017, 02:16:57 PM
 #2413

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

If you are just going to do pure holding, you can earn big. But if you are going to hold and you can see that the price is already good for selling, then sell it and wait again for the time to become low, then buy. By doing this type of activity, your goal of earning big by not selling will become bigger as you are taking the advantage of it.
each user has their price targets respectively. at least they will hold their bitcoin and will not sell them before they reached the target price in order to benefit

It's true, because if you don't have a target price when to sell, you'll miss a lot of chance of getting bigger profit with the market's buy and sell, pump and dump. When there's a pump just keep on waiting at a certain price and if you think that later or for the next days the price will be going down, just simply sell and buy at low.
Buying and selling randomly is profitable, but when one has a better day job earning he can consider it an long term holding. Because it gives the maximum profit in the future as the price pump and dump are a part of the growing technology.


If your earnings is only from bitcoin then you cannot afford to miss short term fluctuations as that is the only way from where you can make profits but if bitcoin is an investment or an secondary source of income then its better to hold them for a long term.
That is true, although saving bitcoin is a good thing but it is not a thing that is suitable for everyone, not everyone can afford putting thousands into it and just leaving it for a year or so, because the price could take a month a year or even more to go up significantly, so like said above know what you are signing up for know your priorities and then decide whether to save or not.
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April 04, 2017, 07:50:37 PM
 #2414

If ever bitcoin reaches 10,000$ each  of course I will sell some of my bitcoins. And what is the main reason of r us not to sell bitcoin if the value is already come up with the peak amount? what is the essence of a years waiting, if that's the thing we will do. Its kind of a bad idea of not selling it.
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April 04, 2017, 07:59:12 PM
 #2415

Its so simple holding can give you big profit in the right time. Earning ,buying  ,investing  for long term  without any selling just pure holding will make you rich after 20 years. If only you can wait for that 20 years.

If you are just going to do pure holding, you can earn big. But if you are going to hold and you can see that the price is already good for selling, then sell it and wait again for the time to become low, then buy. By doing this type of activity, your goal of earning big by not selling will become bigger as you are taking the advantage of it.
each user has their price targets respectively. at least they will hold their bitcoin and will not sell them before they reached the target price in order to benefit

It's true, because if you don't have a target price when to sell, you'll miss a lot of chance of getting bigger profit with the market's buy and sell, pump and dump. When there's a pump just keep on waiting at a certain price and if you think that later or for the next days the price will be going down, just simply sell and buy at low.
Buying and selling randomly is profitable, but when one has a better day job earning he can consider it an long term holding. Because it gives the maximum profit in the future as the price pump and dump are a part of the growing technology.


If your earnings is only from bitcoin then you cannot afford to miss short term fluctuations as that is the only way from where you can make profits but if bitcoin is an investment or an secondary source of income then its better to hold them for a long term.
That is true, although saving bitcoin is a good thing but it is not a thing that is suitable for everyone, not everyone can afford putting thousands into it and just leaving it for a year or so, because the price could take a month a year or even more to go up significantly, so like said above know what you are signing up for know your priorities and then decide whether to save or not.

Of course, if you think that you have profited and you have some kind of emergencies that you needed fiat, then I would suggest to withdraw it because of such instances. But for some who have a lot of money and then put it on bitcoin for long term because they can afford it for long term investment.

R


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April 04, 2017, 09:23:45 PM
 #2416

I sold my bitcoins to clear my student loan debt at 9% a year. I just didnt like the interest piling up over me.

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April 05, 2017, 02:45:09 PM
 #2417

I sold my bitcoins to clear my student loan debt at 9% a year. I just didnt like the interest piling up over me.
That is okay if you sold your bitcoins for your own needs which is to pay the student loan that you take. It is better to pay the debt and be broke than be rich with a debt that slowly making your broke. If you already pay the debt then it is easy for you to save money or bitcoin and keep holding it until you will be satisfied with the price. Just keep grinding until your success is the one who making the noise Roll Eyes.
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April 05, 2017, 02:59:47 PM
 #2418

I sold my bitcoins to clear my student loan debt at 9% a year. I just didnt like the interest piling up over me.
That is okay if you sold your bitcoins for your own needs which is to pay the student loan that you take. It is better to pay the debt and be broke than be rich with a debt that slowly making your broke. If you already pay the debt then it is easy for you to save money or bitcoin and keep holding it until you will be satisfied with the price. Just keep grinding until your success is the one who making the noise Roll Eyes.

Pay the debt by selling Bitcoin it's amazing way. I am never sell my Bitcoin if the situation
my finances not urgent. Because I believe that the price of Bitcoin will be to rise in future.
Haladay
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April 05, 2017, 03:42:12 PM
 #2419

Pay the debt by selling Bitcoin it's amazing way. I am never sell my Bitcoin if the situation
my finances not urgent. Because I believe that the price of Bitcoin will be to rise in future.

That is exactly how the bitcoiners must act like! If you're saving bitcoins, you better not to sell it unless there is an urgent situation.
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April 05, 2017, 03:45:55 PM
 #2420

what is certain is bitcoin prices will be much higher than now. but if you've got a target price and already profited, not a problem to sell it now, because the chance no one knows when it will come?
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